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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Summary of Significant Accounting Policies  
Schedule of activity in the allowance for doubtful accounts

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Write Off of

  ​ ​ ​

  ​ ​ ​

Balance

Charged to

Allowance

Uncollectible

Balance at

at Beginning

Costs and

From

Accounts, Net of

End of

Year Ended

   ​ ​

of Period

   ​ ​

Expenses

   ​ ​

Acquisitions

   ​ ​

Recoveries

   ​ ​

Period

(in thousands)

December 31, 2025

$

1,071

$

681

$

$

(616)

$

1,136

December 31, 2024

$

618

$

983

$

18

$

(548)

$

1,071

Schedule of property and equipment

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Estimated

  ​ ​ ​

December 31, 

   ​ ​

Useful Life

   ​ ​

2025

   ​ ​

2024

(In thousands)

Land and land improvements

 

$

13,468

$

15,524

Buildings

 

31.5 years

 

41,490

 

41,292

Towers and antennae

 

7-15 years

 

21,603

 

27,969

Equipment

 

3-15 years

 

56,687

 

55,647

Furniture, fixtures and leasehold improvements

 

7-20 years

 

8,359

 

8,314

Vehicles

 

5 years

 

2,669

 

2,807

 

 

144,276

151,553

Accumulated depreciation

 

 

(97,863)

 

(99,646)

Net property and equipment

$

46,413

$

51,907

Schedule of significant departmental expenses included in station operating expenses

Twelve Months Ended December 31, 

2025

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2024

(In thousands)

Programming and Technical

$

31,081

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$

29,926

Station General and Administrative

 

27,573

 

28,080

Selling

 

22,383

 

23,472

Digital

7,454

6,615

Other (1)

 

3,290

 

3,742

Station Operating Expense

$

91,781

$

91,835

(1) Other includes production and news departments, advertising and promotional expense.

Schedule of computation of basic and diluted earnings per share

 

 

 

 

Years Ended December 31, 

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2025

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2024

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(In thousands, except per share data)

Numerator:

  ​

 

  ​

Net (loss) income

$

(7,899)

$

3,460

Less: (Loss) income allocated to unvested participating securities

 

(368)

 

111

Net (loss) income available to common shareholders

$

(7,531)

$

3,349

Denominator:

 

 

Denominator for basic earnings per share — weighted average shares

 

6,152

 

6,075

Effect of dilutive securities:

 

 

Common stock equivalents

 

 

Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions

 

6,152

 

6,075

(Loss) income per share:

 

 

Basic

$

(1.22)

$

0.55

Diluted

$

(1.22)

$

0.55